John and Kayla just heard about donations in kind and are ve…

John and Kayla just heard about donations in kind and are very excited because they have appreciated stock. For this year’s tithing, they give the church 40 shares of $165 Costco stock that they bought 10 years ago for $90 per share. If their long-term capital gains tax would be 15% and their current marginal tax rate is 28%, what are the total tax savings due to tithing, assuming they itemize deductions?

You’re chilling in ancient Greece, minding your own business…

You’re chilling in ancient Greece, minding your own business, when the skies suddenly go dark and thunder rattles the ground. A local farmer swears he definitely saw a dude hurl a lightning bolt at his barn for lying about paying his sheep tax. Everyone nods, like “yeah, that tracks.” Then the farmer remembers he swore an oath on this god’s name… and broke it. Oof… now his barn is kindling and his family’s praying for mercy. Who just roasted his sheep farm?